The President said that Iran continues to be an important source of crude for India saying that “presently, our bilateral trade is weighted in favor of Iran. Indian markets are open to Iranian exports. India hopes that Iran would source more goods from India.”

Mukjherjee emphasized that both India and Iran have a responsibility to address the challenges to the region including terrorism, energy security, food security, climate change, environment and natural disasters.

“Peace and stability in Afghanistan is a key to the progress in the region,” Mukherjee added.

The President approved the Indian-Iranian relationship and the fact that both are in constant exchange of information and views on the developments in Afghanistan.